2024

Dubai real estate powers through January 2024 with Dhs35bn in sales

In January, Dubai's real estate sector sustained its positive performance in the new year, witnessing a 25 percent year-on-year increase in off-plan sales. Dubai's real estate market appears poised to maintain its growth trajectory into 2024, as indicated by Property Finder's recent report examining transactions in the emirate for the month of January. In its latest findings, the property portal...

Emaar planning a ‘female’ version of Burj Khalifa in Dubai Creek Harbour

Mohamed Alabbar stated that Noon experiences an annual growth rate of 30% to 40%. Emaar Properties' founder, Mohamed Alabbar, has announced that the tower under construction at Dubai Creek Harbour will have a more refined and smaller design than initially planned. At the Sharjah Entrepreneurship Festival, he also mentioned that although there are no immediate plans to publicly list ecommerce giant Noon,...

Citi Developers sells 70% of maiden Dubai project

A developer reveals an experience center located on Jumeirah Road. Citi Developers, in their inaugural project in Dubai, the Aveline Residences, a Dh300 million development situated in the heart of Jumeirah Village Circle, has already secured bookings for 70 percent of its apartments. Malik Taha, the managing director of Citi Developers, highlighted the strategic location and high population density...

Dubai real estate market expected to grow 5% in 2024, says expert

Various industries are anticipated to reap the benefits of the substantial economic growth in the UAE, with the real estate sector in Dubai prominently standing out. Dubai's real estate market is thriving, solidifying its status as an attractive destination for investors seeking both diversification and high returns. As per Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., recent data...

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